JP Morgan Maintains Overweight on e.l.f. Beauty, Lowers Price Target to $207
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrea Teixeira maintains an Overweight rating on e.l.f. Beauty (NYSE:ELF) but lowers the price target from $224 to $207.
August 09, 2024 | 11:07 pm
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NEUTRAL IMPACT
JP Morgan analyst Andrea Teixeira maintains an Overweight rating on e.l.f. Beauty but lowers the price target from $224 to $207.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100